EUR/USD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 1.116665 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 1.12086 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.12136 |
| Next High | 1.12086 |
| Current Price | 1.11685 |
| Next Low | 1.11557 |
| 2nd Low | 1.11462 |
| 3rd Low | 1.11247 |